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The FX week ahead: Hardy

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John Hardy, Saxo Bank's head of FX strategy, mentions key events for the week ahead in forex trading and it is going to be a big week for the G3 currencies: USD, JPY and EUR. The Bank of Japan is looking for President Shinzo Abe for fiscal assistance while the European Central Bank is more credit focused as further rate cuts are not going to be a key driver for euro strength. The Reserve Bank of Australia may cut rates on May 2. Meanwhile, other important dates this week include the ISM manufacturing report out on May 2, the ISM non-manufacturing report on May 4 and nonfarm payrolls numbers out on Friday May 6.

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